India Govt. Approves Increase in Royalties on Mineral Mining - WSJ

Sesa Goa reacted severly negative, but not the other metal stocks like Hindalco, Sterlite etc.

The reason for this if I understand correctly is; all the other metals were already paying the royalty and only the royalty has been increased a bit now.
Whereas for Iron it was a fixed royalty of up to 27 rupees a metric ton on different grades of iron ore, and now its going to be 10% of the actual value and

Analysts on moneycontrol felt that, "it is difficult to quantify the exact impact because as of now we don’t know whether it will be on the cost of the iron ore, on selling price or free on board (FoB)."

Can anybody who follows this more closely please explain the impact on Sesa Goa and other metal stocks like.
I bought Sesa Goa @229 today.

Negative for Sesa Goa...especially as it won't be able to pass on this higher costs to overseas buyers.

the prices in international markets are determined by supply and demand and not by government royalties in individual countries.

from the same article:

only beneficiary seems to be the government as it will be getting higher royalties from the metal ores....

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Hmm... The annual earnings of states from mining royalty will more than double to 46.3 billion rupees (946 million) annually from 22.8 billion rupees. - Bloomberg
Hope this helps us with the fiscal deficit

Sesa Goa has corrected a bit, NMDC and MSPL does not seem to have bothered much.

Any thoughts on the relative merits of Guj NRE Coke versus Austral Coke? The two had fought a pitched battle at the time of the latter's listing.